Suncor reaches deal with activist investor, will consider sale of Petro-Canada
By Adena Ali Suncor Energy Inc. said Monday that it has reached a deal with activist investor Elliott Investment Management LP that will see it undertake a strategic review of its Petro-Canada gas station chain with the goal of "unlocking...
Feds propose to cap oil, gas emissions using industry-specific carbon pricing system
OTTAWA — The federal government is proposing to use an industry-specific cap-and-trade system or a modified carbon pricing system to set a ceiling for emissions from the oil and gas sector and drive them down almost 40 per cent by the end of this...
Canada’s oilsands look into use of nuclear power as ‘net zero changes everything’
CALGARY — The pressing global need to slash emissions in the face of a growing climate crisis is driving renewed interest in nuclear power — and few places more so than in Canada's oilsands. While the idea of using nuclear power to replace the...
Two days ago, Saskatchewan set another summer power consumption record. Today, Alberta’s wind is currently putting out 1.2% of its capacity
It’s hot out, and Saskatchewan people have cranked up their air conditioners. SaskPower announced on July 15 that two days earlier, the province hit a summer peak in electrical demand. On July 13, at 5:22 p.m., SaskPower observed a new summer demand record for electricity of 3,551 megawatts (MW).
Poilievre says Trudeau finally found a pipeline he supports. Problem is, it’s a Russian pipeline, not Canadian
On July 14 front-running Conservative leadership candidate Pierre Poilievre released a video on social media taking Prime Minister Justin Trudeau to task for allowing turbines under repair in Canada to be returned to Germany for the operation of the Russian Nord...
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